Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-3022022-05-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07835109 2022-05-01 2023-04-30 07835109 2021-05-01 2022-04-30 07835109 2023-04-30 07835109 2022-04-30 07835109 c:Director1 2022-05-01 2023-04-30 07835109 d:FurnitureFittings 2022-05-01 2023-04-30 07835109 d:FurnitureFittings 2023-04-30 07835109 d:FurnitureFittings 2022-04-30 07835109 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 07835109 d:ComputerEquipment 2022-05-01 2023-04-30 07835109 d:ComputerEquipment 2023-04-30 07835109 d:ComputerEquipment 2022-04-30 07835109 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 07835109 d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 07835109 d:CurrentFinancialInstruments 2023-04-30 07835109 d:CurrentFinancialInstruments 2022-04-30 07835109 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07835109 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 07835109 d:ShareCapital 2023-04-30 07835109 d:ShareCapital 2022-04-30 07835109 d:RetainedEarningsAccumulatedLosses 2023-04-30 07835109 d:RetainedEarningsAccumulatedLosses 2022-04-30 07835109 c:FRS102 2022-05-01 2023-04-30 07835109 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 07835109 c:FullAccounts 2022-05-01 2023-04-30 07835109 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 07835109 e:PoundSterling 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 07835109









GRANGE CO. 1 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
GRANGE CO. 1 LIMITED
REGISTERED NUMBER: 07835109

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,658
1,898

Current assets
  

Cash at bank and in hand
 5 
3,583
-

  
3,583
-

Creditors: amounts falling due within one year
 6 
(149,361)
(114,924)

Net current liabilities
  
 
 
(145,778)
 
 
(114,924)

Total assets less current liabilities
  
(140,120)
(113,026)

Net liabilities
  
(140,120)
(113,026)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(140,121)
(113,027)

  
(140,120)
(113,026)


Page 1

 
GRANGE CO. 1 LIMITED
REGISTERED NUMBER: 07835109
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


M T Greene
Director

Date: 19 March 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
GRANGE CO. 1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

Grange Co 1 Limited is a private company limited by shares and incorporated in England. The registered office is 101 New Cavendish Street, 1st Floor South, London, England, W1W 6XH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results and the solvency of the company. Given that the company is in a net deficit position, the directors have obtained assurance from its beneficial owners to continue to provide adequate funds to meet its obligations and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
GRANGE CO. 1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
Straight line method
Computer equipment
-
33%
Straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

2023
2022
£
£

Wages and salaries
-
(14,800)

-
(14,800)


The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 
GRANGE CO. 1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 May 2022
5,161
989
6,150


Additions
-
4,681
4,681



At 30 April 2023

5,161
5,670
10,831



Depreciation


At 1 May 2022
3,263
989
4,252


Charge for the year on owned assets
380
541
921



At 30 April 2023

3,643
1,530
5,173



Net book value



At 30 April 2023
1,518
4,140
5,658



At 30 April 2022
1,898
-
1,898


5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
3,583
-

3,583
-



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
2,597
-

Other creditors
146,764
114,924

149,361
114,924


 
Page 5